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20120930
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
FOX Business
Sep 12, 2012 6:00pm EDT
should be the response to this? >> well, the united states cannot afford to flee under fire. in libya, i think president obama's actually doing the right thing by sending in additional marines and maintaining our dip -- diplomatic presence. e just a minute -- egypt is another question, however. it's the accountability at best that the egyptian government was negligent. the idea that the united states has to subsidize governments like this is a question which many people ask back in washington. gerri: michael, we are subsidizing that government. as a matter of fact, we decided to forgive a billion of debt they owe us. >> well, one of the big policy questions that's looming over the horizon is whether egypt is too big to fail much since the arab sprang began, egypt lost more than two-thirds of the hard currency reserves. initially, the arab spring was about economics, accountability, corruption. it's clear that islamists have hijacked it. they were caught by as much surprise as the united states has. the question is if we keep subsidizing the egyptian government, do we, in effect, give the
FOX Business
Sep 4, 2012 6:00pm EDT
international indebtedness. if the united states economy is not as strong as it has been in the past, we cannot protect our values around the globe, and we cannot negotiate with bankers. this gives us serious weaknesses on the economic and national-security front. the ultimate insult, we handed to the next generation that had no safe in the kinds of things we have seen go on and ask them to pick up the bill, and that seems like a gross injustice and mass. gerri: i want you to respond to something, david axelrod, the president's base of riser said about this and why the president is doing the right thing. here he is. >> the president's plan would do what the simpson bowles plan would do, cut the deficit by $4 trillion, reduce attack under our deficits down to 3 percent of the gross domestic product which is what everybody agrees we need to stabilize the debt. then we will be in a position to begin reducing it further. gerri: what do you make of that. >> perfect except for a couple of flaws. we have not seen the growth and are not likely to get the kind of growth that they assume in those budget
FOX Business
Sep 12, 2012 9:00pm EDT
? >> the united states cannot afford to flee under fire. , should send in additional marines to maintain the diplomatic presence. this raises questions of the accountability of government at best at worst it was complex set. for the united states to subsidize the government is of the blast in washington and. >> but we are. we just decided to forgive $1 million of debt that they owe us back a policy question with egypt is too big to fail. it has lost more than two-thirds of hard currency reserves. at first it was about economics and corruption. they were caught by surprise like the united states. if we keep subsidizing the egyptian government do we give them free rein? remember egypt's president has not apologized the way the libyan president has. gerri: we have a long way to go. byron,, mitt romney responded to the embassy comment in cairo condemns the continuing efforts of individuals to hurt the religious feelings as religious believes is the cornerstone of american democracy. we reject the actions of universal free-speech to hurt others. romney said falling that. >> day clearly send m
FOX Business
Sep 24, 2012 6:00pm EDT
in the 1970's and the united states the government spends and regulated too much. when the economy slow down, the federal reserve at the time lower interest rates and tried to choose the economy. what we ended up with was inflation and slow growth. the fed cannot create jobs. all it can do is create money. eventually if you create too much money you create inflation, and that will harm the economy in long run. i sure hope we don't have qe for. cheryl: you can believe that they're going to bring up inflation if it rears its ugly head commanded by peace center. thank you very much. good to talk to you always. >> thanks. cheryl: we want to know what all of you think. here's a question. the best way to reduce the deficit? higher taxes, spending cuts, or both? log onto gerriwillis.com and on the right hand side of the screen. ellis said the results of the end of tonight's show. meanwhile, that same survey of business economists shows that obamacare will not bring down costs. fat, they say it will severely hurt the economy in the long run. elizabeth macdonald here with the story. cheryl: a very im
FOX Business
Sep 26, 2012 6:00pm EDT
. you've got 17 different nations that have to make fiscal adjustments? this isn't like the united states. you're talking about multiple governments that have to make adjustments to get that money, that's big tax cuts -- sorry, big tax increases, spending cuts, major, major changes for countries that don't want to do it like greece. so i think the bottom line is, listen, headline risk is going to continue, i think it gets worse. i think greece will leave the union. i think where we need to really look is china. i think the quietness in china, the deterioration that's slowly happening is way more of a risk than a deterioration in europe. cheryl: why do you say that? china still has an 8% growth rate, i mean, the poor chinese. i mean, come on. [laughter] that's great! >> i mean, again, okay, price talks, right? they can quote all the gdp numbers they want, but price talks. when you see steel dropping, markets dropping, three-year lows, you can give those gdp numbers out, i just don't buy it. cheryl: all right. you wouldn't be the first one, i think i've made that comment before. [lau
Search Results 0 to 5 of about 6 (some duplicates have been removed)